Kanpur Plastipack Achieves 52-Week High Amid Strong Market Momentum

Kanpur Plastipack, a microcap player in the packaging industry, has made headlines today by reaching a new 52-week high of Rs. 235.9. This milestone was achieved on May 23, 2025, marking a significant performance uptick for the stock. Over the past two days, Kanpur Plastipack has shown a robust gain of 7.21%, outperforming its sector by 0.78% today alone.
The stock's intraday high of Rs. 235.9 reflects a 3.83% increase, indicating strong momentum. Notably, Kanpur Plastipack is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its price performance.

In the broader market context, the Sensex has also shown resilience, climbing 360.30 points to reach 81,257.30 after a flat opening. The index is trading above its 50-day moving average, although the 50-day moving average is below the 200-day moving average. Over the past year, Kanpur Plastipack has delivered an impressive return of 124.88%, significantly outpacing the Sensex's 7.85% performance during the same period. The stock's 52-week low stands at Rs. 89.89, highlighting its remarkable recovery and growth trajectory.